Earnings call transcript: PWR Holdings posts record FY 2026 profit, shares rise

PWR Holdings reported a record profit for fiscal year 2026, with revenue increasing 31.2% to AUD 170.7 million and statutory net profit after tax rising 83.2% to AUD 17.9 million. The company's thermal-management business benefited from strong demand in motorsports and aerospace and defense sectors. Share prices rose 3.85% to $10.52, nearing the top of its 52-week range.

The company's new Stapylton facility in Australia contributed AUD 106 million in local revenue, which was not achievable at its previous facility. The earnings improvement resulted from higher demand, lower debt, and positive free cash flow despite heavy investment and higher R&D spending. PWR Holdings anticipates continued growth in FY 2027, with revenue led by aerospace and defense, and expects NPAT margin to improve by approximately 2 percentage points.